Charlty Roglstratlon No. 1150261 Company Regl$tratlon No. 08322991 (England and Wal•8) ELLERAY COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
ELLERAY COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trnste Mfs J L Bamett MrMKtrffiII Mrs M L Hutchln8on Mr D N Sagar Mlss T Whl Ms F Gomez¢uc*son Mrs S Read Charlty numb 1150261 Company number Prlnclpal addro88 Ellaray Hall Elleray Road Teddlngton Mlddlesax Unltad Id0M TW11 OHG Reglsterod offlc• Ellaray Road Teddlngi Unlled KIngdn TW11 OHG Indopend•nt •xamlnor Phlllp Lane, FCCA 1 Park Road Klngst¢n up Thames England Kf14AS
ELLERAY COMMUNITY ASSOCIATION CONTENTS Pag• report Slatement of Trustee8' responglblllil•8 Independent oxamlnerf8 report Statement of Ilnanclal actlvlde8 Balanco 8heet Nole8 to the flnandal 8talements 9-16
ELLERAY COMMUNITY ASSOCIATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Tho Trustees present thelr annual report and finartdal slaL9ments for tho ar ended 31 Marth 2024. The flnandal Ststements have been prepared In accordance wlth the accountlng pollcles set out In note I to the ffinanclal statements and compty wlth Ihe Comp8nle8 Act 2006 and 'Accountlng and Reportlng by Charlllas: Stalernenl of Recommended Practlce appllcable to (11183 prepeflng thelr accounts In accordance wlth the Flnanclal Reporflng Slandard appllcable In the UK al Republlc of lrnland (FRS 102)" (a8 amanded for aLwunllng period8 commendn9 from 1 January 2016) ObJectlve• and acdvlllej The Charltys ObCts are to further or b8nellt the re8ldents ol London 8orough ol Rlchmond wlthoul dlstlndon of 8ex. 8exu81 orlenlallon. race or of pollllcal, rellglous or olher oplnlons by assodailng together the Sald resldents, centre mombern and the local authorllle8. voluntsry or other organlsatlons In a common effort lo advance educallon and to provlde faclllUe8 In the Int8re818 of 80clal welfare for the recreatlon and lel8ur8 Ilme occupauon wlth the obledlve of Improvlng the quallty of IKe for Ihe elde, fo(xslng on rellevlng lonellne8s and Isolatlon. The alms 01 tho Charfty are to promote Sodal Induslon for the publlc benefit amongst vulnerable adults who are 8o¢lally oxcluded. For tha purp0888 of thls dau88 '8oclalty exduded, rneans adulis who are excluded from 8adety. QT parts ol 8odety as a r08uII of ¢Jne or mNe of the followlffj factors: old age; dlsablllly; lonellnesg; Isolallon; phy8kal and mwlal heallh dlsabllltl08. The Charlty oblecl8 al80 alm lo rellgf th08e In neod In any m•nner dwrltalAo In law. The alm8 01 the Charlty are to consuli and 10am from the dder people In our member¥hlp and the loAI ¢ommunSly. We wlll develop activlues based on our re898rch and wll b8 propared to dovelop the80 further or drnp them ff thoy are lound10 b• lacklng In 8uppoTL Tho Tnth8 have pald due regard to guldance188u•d by the clIty Comffllsslon In deddlng whel actMtle8 the Charfty Should undortake. The most slgnlkant adlvlty Is the 8ervl¢o and 8UPPOrt to older peopl?. We alm to be frlendty and enc4Juraglng. We provlde a mld4lay meal at a reasonabla c08t 8fKI 8 wlde range of activl&es on each day of Iho Monday to Frlday. Our alm Is to offer at least two dally adMUe8 laklng Into account tho varyln9 dl88blllUes of 80ma of our momb8rn. We bellove pmvldlng acti¥ltle3 glvos tho member8 the opportunlty to 80dallse and make naw frlends, loam new 8klls and lo bulld up thelr conlldence. Th18 all helps to In¢r•ase 8elf4*eem. These In lum help to relleve tho18olalon and boredom of belng at home by Ihemselve& Wa 8180 offer InOSe a¢ce88 lo halrdre88lng and chlropody ¥oNl. Tho Charfty18 rdlanl on voluniary help. During the year wo had four nwmbern of 8laff. All the rasl ol the lasks arn dealt th by volunleern. A¢hl•v•m•nts and prfornianc• We are a vlbranl and very much 'alfva' 80clal centre, offerfng a wlde tholce of actlvKle8, ¢onvar8aUon, and laughter. It Is enjoyable to be Involved. Po814ovld we have welcomed an Increase In both mgmber8 and volunleorn retumlng lo Elleray Hall. Tha T(uslee8 are woTklng towanls the transitlon Into the new Elleray Centre. We ¢ontlnue to reGruft new Irustees 8nd volunte8r8 from ouislda 80urce8. Flnanclal ravlew Our gross Incoffle w88 £203,972 (2023 - £194,647 ) wlih ewendltufe exceedlng Incom• by £3,913 (2023 - Income exceeded expendlture by £1.832). Our prfn¢lpal funder¥ wore London Borough of Rlthm¢Jnd Upon Thame$ (vla Rl¢hmond Agg UK) and The Hampton Fund. M08t of the c(Ka Seryl5 are backed by the LBRUT Grant and The Hampton Fund friances our Athltles & Volunteers Cwdln8tofs po81.
ELLERAY COMMUNrrY ASSOCIATION TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Tho Tw8tee8 have agreed thal £45,0(Kl Should be set askle and alsxated for the firture wrchaso of fumliure and fittlrtgs for Ihe propwd naw centre. In ad(OUon, Iha Trustees have atso sal a8 £15.000 for an IT syslom upgrade and £15.000 for marketlng and publldty of the new centre. This ts refieded In the unrestricted desl9nated rewves balance of £75,000. The rIen1 Invèst fv18 to IKAd r888ryes In bank 8cu)unl& In trthl, have unrestri(aed general T88& of £152.799 (20ZJ - £222,955) and UnreslrfC deslgnated reserves of £75,000 {2023- £nll). In addllkn lo Ihe deslgnated roserve8, our polky 18 to hold a operattons reserve. The TnJstee8 currenuy con81der th1310 ba In the reglon of £100.000. The Trustses havo rev181 and 081der&I that ad8ffjole resou$ ¢ontThiu&J lo bo avallable to fund the actlvloes of the dlIty for the fore86eable futufe. The Tnjsteas have consld¢ffjd the mar rlsks to the Charity 18 eXsed. and are sallsfied that systems are In place lo mitlgate exposure to the nr rfsks. Nono of the managom8nt truslees hdd any property related to the Charfty. Koy object18 for tho futurn: . To contlnuo to provlde a wami, welcomlng and safe envlronment, offerlng a wlde cholco of acthlfj•8 to promote Indapendenco and wellbetro. . To offer volunteerfng opportunltbs to poople Ilvlrvj In tha local ccffimunty. . To meet the tsrgels setwlllth our contract Rkhmond Ago UK to enablo us to contlnue lo rectho fimdlng. Struoturn, govwnanc• and monagament Tho Charlty Is a e4)fflpany Ilmfted by guaraniae and was sat up by a Memorandum and Artldes ofAs8oclatkn on 7th 0mber 2011 Tho Charty gthod (thablo alalu8 (feglred charlty number 1150261) on 20th Dacdmber 2012. The Trustse8, who are also the dlrectors for th• purpose of Company law. and who servad durlng tho year and up to Ihe dale of signature of tha finandal ststemants wern: Mrn J L Bamett Mr M K Frill Mrs M L Hulchlnson Mr O N Sagar Mlss T Whlte Ms F Gomez4uck8on Mrs S Read The poll&es and procadures for Indudlon and trathlng of trustees are that k81 cour808 are used and the latest Charlty Commtsslon documents are avallable for ¢SuIta110n at the centre. Thé management truslees are reryuited and appolnled annually at the Annual General Maetln Nono ofthe Truslees has any benefi&al Intwest In the ¢ryny. All ofthe Trusteas are membars of tho company and guaMnt8e to contrlbute £1 In tho avent of a wlndkng up. The polky and general managmnt of the affalrs of Elleray CommunltyAssodallon Is dlrathd by the management Irust•es unless del¢miined oth•ra In the Annual Gera1 Meellng. The Management Comniiitee nomialty meets regularfy. Tho commmee take into account COM made by the M8mber8 Comnwnlty Meetlngs. as well as fe6dba¢k fmm m•mber8' quelionnalres. The drfty Is a member of the local C¢undl for Voluntary Ser¥ko and other drItable org8nlsatlon8 whlch IlUde & KlngstonAccessible Transport and theTeddlW Sodety.
ELLERAY COMMUNITY ASSOCIATION TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Tfuslees. report was approved by the Board ol Trustees. Mrs J L Barne Dated: . /Q.
ELLERAY COMMUNrrY ASSOCIATION STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2024 The TN8tee& V arn al80 Ihe dfectws ol Elleray Communlty As8odallon ts the purpose of company law, are r•spon81bl8 for preparkng the Trust6a8' Re arKI the lthandal slatomants In accoant4 wlih appllcable law and Unlted Klngdom Accounllng Standards (Unlled Klngthn GeneraltyAccepted Ac¢ountlng Pra<e). Company Law rnqulres tho Tfusl•e8 lo pfepawe Ilnancthl $talements for eath financlal year whl¢h glw a Iwe and f8lr vlew of Ihe 8tato of affalrs of the Chathy and of the Incomlng re80urc46 and appllcatlon of resources. Includlng thè kncomo and expendllure. of the charftsble company for that year. In preparnw these 8tstsmont8, tho Trustees are requlrnd to: - 1ole¢t 8ultable 8ccounllng polld88 and then appty them coMl8t6nty, - obsoNe tho methods and prfndp8 In the Charfllo8 SORP; - mako Judgements and e8llmale8 that are reasonable and pAen(. - 8tate whether appNcable UK Accounllng Standwd8 have boen followed, subject lo any materfal departures dlsdosed aThl explalned In tho flnandal 8tal8ffl•nts; aftd - preparn th• finandal 8talements th• golng nCern ba8ts un1888 It Is knapproprfats to prnsume that the Charfty WIU coniinue In opernllon. The TNStee8 ar• re8wi8lble for keopkng adequats ac¢ountlrtg reojrds that dl8cIo80 *lth reasonable accuracy at any Ilme tho finandal po8lUon of the Charfty armj onable them 10 8n8ure that the flnanclal 81atament8 comply wlth tho Companles Ad 2006. They are atso re8pon8lble for sal¢guafdlng tho 888ets of the Chanty and he for takln9 rea80nablg 8l•p for the prevenlhm and deteC1k of fraud and othor Irregularftle8.
ELLERAY COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ELLERAY COMMUNITY ASSOCIATION I report lo the Trustees on my examination of the financial Slalements of Elleray Community Association (Ihe Charity) lor the year ended 31 March 2024. Responslbllltles and basls of report As the Truslees of Ihe Charity (and also its direciors for Ihe purposes of company law) you are responsible for the PparatIOn of the financial slalements in accordance wlth the requirements of the Companies Act 2006 (the 2006 Acl). Having satisfied myself Ihat the financial slalements of the Charity a not required lo be audited under Part 16 of the 2006 Act and affj eliglble for independent exarninalion. I report in respect of my examination of the Chaflty's financial statements cafried out under section 145 of the Charilies Act 2011 Ilhe 2011 Acll. In Carrying out my examinalion I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent exaffllner's Statement I have comete my examination. I confirm Ihal no mallers have come lo my attention in connection with the examination ging me cause lo believe that in any malerlal respect., accounling records were not kepi in SpeCt ol the Charily as required by seclton 386 of the 2006 Acl.. or Ihe financial slatemenls do not accord with those records: or the financial statements do not comply with the accounting requirements of seclion 396 of the 2006 Act other than any requirement Ihal the accounts give a true and fair view which is not 8 maller considered as part of an independenl examination- or the finanaal statements have not been prepared in accord8nc8 with Ihe methods and principles ol the Slalemonl ol Recommended Pfacllce lor accounting and reporting by charities applicable lo charili8S Preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection wilh the examination lo which allenlion should be drawn in this report in order lo enable a proper undefslanding ol Ihe financial slalemenls lo be reached. Phllip Lane, FCCA For and on behalf of David Howard Chartered Accountants 1 Park Roa Hampton Wick Kingslon Upon Thaffles KT14AS England Oaled.. IO
ELLERAY COMMUNITY ASSOCIATION STATEMENT OF FINANCIALACTMTIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Currnnt financlal ar Unrestrlctsd Unra8trlct•d Roslrfcted funds fun fund• Total 2024 2024 2024 2023 tk)natlon8 and legades Chaiitable actlvhle8 Other tradlng adivloes Investments Other Income 52.418 25.413 71,500 123,918 25.413 119,494 23,428 45,426 421 1.277 421 1,277 5,633 Total Income 132.472 71,500 203.972 194.647 EXpendIre on: Ral8lng funds Chafltable actlvltles 626 207259 127,002 80,257 192,739 Total eXndIrn 127,628 80257 207,885 192,815 Not 1n¢omel{expndlr&) (8.757) (3.913) 1,832 Transfern beiwn funds (75,1)) 75,OCMJ N•t movement In fvnds 10 (70.156) 75,000 (8,75n (3,913) 1,832 Recon¢lllatlon of fund8: Fund balance8 at 1 Aprll 2023 222.955 15.220 238,175 236,343 Fund tsalan8 at 31 March 2024 152.799 75.1)00 234.262 238,175 The statement of flnandal acuvttles Indude8 811 galns and108888 rocogn18ed In the year. All Income and ewenditure
ELLERAY COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTivrriES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Prlor flnandal yaar Total fund• 2023 fvndi 2023 2023 Incom• •nd •nd0wM• from: Donatlons and legade8 Charliable actmlles Olher Irddlng adl Investmen1¥ Other Incom• 49.594 Y3,428 45,426 89.900 119,494 23,428 45.426 5,633 5,833 Total InMm• 124.747 69.900 194,647 Expendltur• on: Ral$lng fund8 Charfiable actlvltle8 76 121.857 76 192,739 70,882 Total expndI1• 121,933 70.882 192.815 t Incomel(•xpondliurn) and moveM•nt In fund• 2,814 1982) 1,832 R•conclllatlon of fvnd•: Fur bal8n¢•8 at 1 Aprll 2022 220,141 16,202 236,343 Fund balanc•• at 31 March 2023 222,955 15,220 238,175
ELLERAY COMMUNITY ASSOCIATION BALANCE SHEEr ASAT31 MARCH2024 2024 Tanglble assets 14 4.208 5,609 Current assets Stocks Debtors Cash at bank and In hand 15 16 39,171 221,307 14,691 223,849 261,407 239,426 Credltor8: amounts fdllng due wlthln ono year 17 (31,351) (6,860) ¢umnl assets 230.056 Totsl as8ets1088 current Ilabllllles J4,262 238,175 Net as8et8 excludlng pen81on Ilablllty 238,175 The funds ol Ihe Charlty Restricted Income fund8 Unresirlcied fvnds - general Unre8trfcted funds . Oeslgnated 19 15,220 222.955 152,799 75,000 238.175 The company Is enfftled10 Ihe exemptlon Irom the audit requlremeth contalned In Sedon 4T1 ol the Companles Act 2006, for Ihe year ended 31 Marth 2024. The dlrectors ad(ntyyledge thelr responslbllltles for ¢omplylng wlth Iha fequlrements of the Companles Act 2006 with respect lo accounllng recor(ts and the preparatlon of finandal statemerrts. The members have noi requlred the company to obtaln an audlt of it8 financlal statements for the year In question In accofthce wlth sedon 476. These flnanclal statements have been prepared In accor8 whh the provlslons appllcable io companles subject 10 Ihe small cornpanles reglme. The finandal SeMents were approved by Iha Trttee$ on .... .. Mrs J L Bamett Company reglstrauon number 08S22991 (EjIand and Wales)
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ounUng polklos Charfty Inforniallon Ell¢ray CommunltyAs8o¢lalknn18 8 thate company fjmlied by guarantee Incorporalod In Ewland and Wales. Th6 reg181ered 0ffl¢o Is Ellerny H811, Elleray Road. Teddlngkn. Mlddle8ex, TW11 OHG. Unlled Klngdom. 1.1 Accountlng cOnntIon Tho financlal Slalements have been Prr0d In vAih the Companles 2006 and "fv£counllng and Reporlng by Ch8rhle8: Statoment of RKommended Pradka appllcable to thaflues preparfng thelr accounts In accordance wlth the Flnendal Rawrtlng Stsndard appkntsts In the UK and Republlc of Iralartd (FRS 102)" (as amonded for aco)untsng perh cofflmendng from 1 January 2016). The Charity Is a Publlc Benefit Enuty a8 dellned ty FRS 102. The Charlty ha8 taken alfvantago of Ihe pThtsbn8 In the S014P for thafllle8 applylw FRS 102 Updato 8ulletln 1 to prepare a Slalemert ol Cash Flows. The finanoal slalements are prepared In 8t¢rflng. whkh 18 the fvnC1kx Cuffenry of the Charlty. Monetary amounts In these financlal siataments arn ffjundad to the noarest £ The flnandal Statements ha4• been F¥epor•d under tho N$torfcal cost conventlon, [modlfied lo Indude tho revaluauon ol freehold propeth and lo Indude Invulmenl pmpertlaa and certaln finandal In8iNments al fatr value]. The prfndpal acc4unllng polldes adopted arn set bobm. 12 Golng conc•m At tho Ilme of approvlng tha finandal 8latements, tha Tnffjlees have a feasortable expectsllon thal ts Charlty has adequate resource8 lo contlnue In operatt¢nal exlston¢• for the lorg8eeable future. Thus tho TnJ8tees ¢ontlnue to adopt the golng ¢oncem baslg of accInI9 In preparfng tho finando18tat•ments. 1J Charltabh fund• Unre8trlcted fund8 aro avapable for u88 at the d1xrot1 of thg Tru8t888 In furth•rnnLW of tholr tharflable objectlves. Restrlcted funds are sub to spedfic ¢dI¥ ty doThx8 or granth as lo Ihay may bo used. Th• purpos¢8 gnd u8es of tho r08tr1cied fuftd8 are sel ¢xrt In the noles to the Ilnanclal 8taiements. 1A IomIng r••our¢ Incoffle Is r¢¢ognlsed when the Charfty Is legally enuued lo ft after any porfoffnance cldIon$ have In met, the amount8 can be m•a8ured rellabty. and It18 prctsble thal Income wlll bo rfjethed. Cash donatlons are reco19•d on reL other donatlon8 are reco9nl8¢d once the Charity has been nolffied of the donallon, unle38 perfom)an¢e condlUon8 Tequtre delerral of the arnunL lrteome tax (ocoverable In rolatlon to donatlons recefved under GiftAld or deeds of covonant18 rfjwnlsed at the Ilme of the donatlon. Logacle8 are recognlsed recdpt Of H the Ch8rfty has been notified of an ifflpendlng dlstrlbullon. the amount18 knL)wn, and racelpt Is expocted. If Ihe afflount18 nol knom. the legacy18 treated 88 a conungent assel. 1.6 Resources •xponded Expendliure18 racognlsed an acL¥ual basts a8 a11obllty18 InoJTrod. Expendltura Indudes any VAT vthlch cannot bo fully recovered. and Is rnpNtad as part of thè expenthlure to vknlth It relates. Charftable expendliure comprlses those c4Jsts Inrred by the drIty In the dellvwy of118 athllies and seTrl¢o8 for Its benefldarles. It Indudes tM)th costs thal can be alloLY4ted dtre(* to such actMtla8 and those
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polldeg (Contlnu•d) 1.6 Tanglbl• Ilxad assets Tanglble ffixed assets are Initlally measured at ctyl and Subsequenty measured at cost or valuation. nel of depreclallon and any Impalmient10&8e8. Depredatlon18 recogntsed so as to wrfio off the cost or valuallon of assets less thelr reshjual valu88 over thelr Usoful lives on the follo*lng bases: xtuffjs and fitllngs 25% fedudng balance The galn or loss atslng on Iho dl8PO8al of an 888Ot Is detemithed 88 th6 difference boiwe8n the sale pro¢oed$ and the caThylng value of the as8eL and 1$ recognlsed In the statement of finand818Ctlvitles. 1.7 Stocks Stocks are measured at the low6r of cost and esiimated selllng prko1&8s costs kn Complete and sell. Cost comprtses dlrect nterIalS and, wh¢r6 appllcablo. dlrecl labour co$ls and th080 ovetheads thal have been Incurred In brlnglng the Stocks to thelr present locatlon and condltion. Items held for dlstrlbution al no or nomlnal conslderation are measured the lower of replacement cost 8fKJ ctht. Nei re8Nsable value Is the estimated selllng prke le88 all estlmaled costs of complellon and c08ts to be Incurred In maTkellng, selllng and dis1nul10n. 1A Cash and cash equlvalents Cash and cash equlval¢nts indude cash In hand, deposlts held at call with b8nk8, other short4em Ilquld vothients wlth orfglnal malurttlos of Ihree months or18ss. and bank overdrafts. 8ank ovardrafts are shown wllhln borrowlngs In ¢urr¢nt Ilabllitses. Flnandal Ingtruments The Charfty has elecied lo apply the provlslons of Se¢kn 11 '8a8lc Flnandal Instruments, and Se¢Jlon 12 Ihor Financlal lnstrumantsl88u, of FRS 102 to all of It8 finandal Instruments. Fm8ndal knstrumonts are recognlsed In the Charftys balance sheet when the Charfty becomes party to the contraciual provlslons of tho InstrumenL Flnanclal assets and Ilabllluos are offsel, wlth Its net amounts preseni¢d in the finandal stalements, when there Is a legally enforceable rlght to set off the recognl$8d amounts and there Is an Intenllon lo settle on a net basls or to reall89 tha asset and 80tt16 the Ilablllty slmuttaneou81y. Baslc flnanclal assots Baslc fmandal assets, whlth Include debtorn and cash and bank balance8. are inl&alty mea$ured at transactlon prKe Indudlng transaclion costs and are subsequently Caffied at amorfsed cost uslng the effecfjve Interest method unless the arrangemonl conslllules a finan¢lng tran8adlon, vthere the transactlon 1$ measured at the prn1 value of the firture recelpts dl8ts)unted at a markel rato of InteresL Firtanclal assets ¢lassifted as recelv8ble wllhln ono year are not amorll8ed. 10-
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢counlln9 pollclos (Contlnuod) Baslc Ilnanolal IlablllU•s B8slG Ilnandal Ilabllltles. IndudlrvJ crndltorn and bank loan8 arn Inltlally rewl8•d al tran8aLthn prlcé un1688 the afrangement con8lllul•8 a financlng tr8nsath. whare tho debt Instru¢18 measured at Ihg present value of tho future payinents at a mathet rate of IntwesL Flnanclal Ilablllles da8sifiad as payable In one year are not amort18ed. Debt Instrumonts are 8ubsequenlty carrhd at amorftsed 8( u8lng tha •ffecth Intsre rats method. Trade crediiof8 are obllgallons to pay for goods or 8eThlce8 that haw boon acqulred In tho Ofdlnary course of operatsom from suppller8. Arnounts payable aro dassffied as cuffenl IlablNtles If payment Is due one year or less. If not, they aro presented a8 noThrro Mabllttkn. Trade ¢reditor8 are recognised InKlally at transactlon prlce and 8ubs•quontly measured at c081 u8ln9 the effecdve Intern8t mathod. Derecognldon of flnanclal118blllU•s Flnan¢lal Ilabllllle8 are der•cffjnl*l vthon th• Chariirf8 oWdadons explr• or afe dl8thargad or ¢artcelled. Crftkal accounllng ••Umat•• and Judq•m•nts In the appllGaUon of the Ch8rfty'8 accounllrvJ pollcle8. the TN8t8e8 are requlrnd to make fvdgements. •8tlmat88 and a88umpiion8 aboul lh• •ng anwnt of a888ts and 118tlIa$ thal arn not readlly apparanl from other Sources. Th• 08tlmate8 and auodated a88umplk)n8 arn ba8ed on hl8todcal experianco and oth factorn that aro ¢on8lderod to be relwanl. Adual rwull8 may dlffer from theae estlmatéa. The e8llmates and underfylw 8s8umpllon8 arn r•thod on an ongolng ba81& Rw181ons to 8¢counllng •8tlmate8 are r8¢ogn180d In tho perfod In tha e8tlmate Is rovl8ed where the rev181on 8ffeci8 only that perlod, or In the perlod of th¢ revlsknn and ftthre periods vthere the rovl8lon affocls both current and fuiure perk)d8. Incom• from donatlon• and l•gacl•• Total Unr•thct•d Rogtrfct•d fvnd• funds 2023 2023 Total rtd• funds 2024 2024 2023 Donatlons and glft8 Income from Grants 3.408 42.159 4.027 3,408 112,059 4.027 71,500 116,844 S.$77 89,900 5,577 52.418 71.$00 123,918 49,594 69,900 119,494 11
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charftable actlvltl•8 In¢om•fr•m ¢h•dlab actlvltl Total 2023 Sales of food and bovorages Ancluary tradlng Incomo 24.079 24,079 1,334 22,120 1,308 25,413 25.413 23.428 othor tradlng acthiltlos 2024 2023 FLmdr8lslng ovant8 Shop Income Letllng and Ikonslng arrangem13 21,974 976 18,914 1,394 25.118 Olher tradlng actlvltles 52,943 45.426 Incom• from Invoslments Unre8trlcted Unrogtrlcted funds fund8 2024 2023 Intrnst rncefvablo 421 oth•r Income Unrostrfcted Unr¢$trl¢tod funds nd¥ 2024 2023 ETNA Communlty Centre and Blg Green Week Granl Dlgltal Induslon Grant and Jubllee Party Grant 1,277 5.633 12-
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlturn on ratslng fvnds Unrestrlctad Unr¢8tr1ctod funds funds 2024 2023 Fundral8lng and publlclty Publldty costs 626 Charflabh actlvftl•8 2024 2023 Staff ¢osts Dopffjdallon and Impalmiont Rent and Water Llghtlng and H•ating Repatr8 and Maknlenance Insurance Staff Tralnlng and Recrultment Other ¢osts and IT costs Telophon8 Prfntlng, Po8tsg• and Statlonery Fees f¢r 8Ctlvllles Cleanlng malerfa18 and Servkes Lottery, raffles and falr Purcha8e of food and bevefagos 81,317 1.869 45,239 17,658 321 2,584 413 2217 672 1,277 12,529 13,187 1.402 46,S49 18.052 765 3,006 2.725 671 1.232 14,403 12,598 48 12.262 9.607 203,102 188,938 Share of govemanca costs 4.157 3,801 207,259 192,739 10 Not mov•ment In funds 2024 2023 Tho net movement In fundg Is staled after drgIng1{creditlng}. Dopredallon of ¢xnéd langlble fixed as88ts 1,402 11 Trust•88 None of the Trustees (or any pefsons C4)nnecied wlth tham) recefv6d any remunerallon or boneffts from Ilh8 Charfty durfng tha yaaf. 13-
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Employ¢ The av¢rag& monthty numbor of employees duthg the year was: 2024 Numbor 2023 Numbor Employm•nt CO81s 2024 2023 Wages and salartes Sodal securfty costs 84.250 4,255 77,763 3,554 88,505 81,317 Thero re no employeos whose annual remunerallon was more than £60,000. 13 Taxthn The Charity Is exempt from taxatlon on Its adlvttles be¢au8e all Its Ino)me Is applled for tharflablo purposes. 14 Tanglbh flxed assots Illllngs At l Apru 2023 13,628 At 31 March 2024 13,628 Depreclatlon and Impalrnient M 1 Awil 2023 Depr6dallon charged In the year 8,020 1,402 At 31 Mar¢h 2024 9.422 Carrylng amount At 31 March 2024 4,206 At 31 March 2023 5,609 15 Stocks 2024 2023 Flnlshed good8 and good8 for resale 929 14-
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Debtor• 2024 2023 Amount8 falllng du• vAthln on• year. Trade deblorn Prnpayments artd ac(xued Incom• 26.339 12,832 2.017 12,674 39.171 14.691 17 ¢r•dllorn: amount• falllng du• wlthln on• y•ar 2024 2023 Not•s Other laxatlon and •odol sewrfty Grnnl Income In advanc• Trade credltorn Other crediiof4 Accwals and dalerfed Incom• 2.493 Z3,002 3,576 1.811 18 2,280 31,351 6,880 18 Grant In¢om• Doferrnd Income18 Induded In tho Ilnandal siatements 88 follow8: 2024 2023 Grants reedved In advartca 23,002 19 R••trl¢t•d fvnd• Tha restrlcled funds of the charlty conwth the Unexpead balances of donatlons and grants held on trust subject to spedfic condlllons by donor8 as to how they may be used. At 1 Aprfl Incomlng Regources At 31 Mar¢h 2023 rnsourcos expended 2024 15,220 71.500 (80.257) 6A63 Pr•vlous y•ar At 1 Aprll In¢omlng Resourcos At 31 Mar¢h 2022 rnsour¢u exp•ndod 2023 16,202 69,900 (70,882) 15,220 15-
ELLERAY COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Unrestrlctod funds- Deglgnated The Unrestrfcted Deslgnated Fund has been de8lgnated and sel aslde by th• Trustees In order lo help fvnd the charity to tha new centre, lo fund an IT systsm upgrade and for markeung or publldty for the new COMMlty cantre. At 1 Aprfl 2023 Transfern At 31 March 2024 New centre fund IT upgrade fvnd Math•llng and publl¢lty for new comfflunlty centre fvnd 45,000 15,000 15,000 45.000 15.000 15,000 75.000 75,000 21 Unrostrlctad fvnds Tho genernl unrestrlcted fvnd has arfsen from tho normal artlvilles of the tharlty. The general unr•strfcted lunds of the charfty comprlse the un•xpended balancos of donauons and grants whlch are not subject to $peofic condlllons by donorts. It Is unre*rfdod and can bo used In accordance wlth charflable obiects at the dlscretlon of the Trustoes. At 1 Aprfl Incomlng Ro•our¢os 2023 r•8our expendgd Transforn At 31 March 2024 General fund8 222,955 132.472 (127,628) (75,000) 152.799 At 1 Aprfl Irmmlng Resoufces 2022 rosour¢e¥ expanded Transforn At 31 March 2023 General fimds 220.141 124.747 (121.933) 222,955 22 Relatod party lrnnsactlons There no dlsclosalJl8 related paty transacllons durfng the year (21Y23- none). 16-